NEW YORK (AP) — NEW YORK (AP) — International Seaways, Inc. (INSW) on Wednesday reported second-quarter earnings of $144.7 million.
On a per-share basis, the New York-based company said it had profit of $2.91. Earnings, adjusted for non-recurring gains, were $2.37 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $2.50 per share.
The company posted revenue of $257.4 million in the period, which topped Street forecasts. Three analysts surveyed by Zacks expected $257 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on INSW at https://www.zacks.com/ap/INSW
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